A.C. Kitsios-Itochu Agreement

The company Astra Self Drive Cars Ltd. announced that its subsidiary, A.C. Kitsios Motors Ltd., has signed an agreement for the exclusive agency for Cyprus and Great Britain with the company Itochu, one of the largest Japanese car and parts exporting companies.

The agreement is expected to be of great advantage to A.C. Kitsios Motors Ltd. concerning its purchases and is anticipated to have a positive effect on profits of the company.